Moral Hazard, Adverse Selection and Health Expenditures: A Semiparametric Analysis
---- Acknowledgments ----
We have benefited from the comments of Amy Finkelstein and participants of the Conference on Structural Models in Labor, Aging and Health, and the Seventeenth Annual Health Economics Conference. We acknowledge excellent research assistance from Ivan Shaliastovich, and especially Alvin Murphy. Bajari and Hong would like to thank the National Science Foundation for generous research support.